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Business, Economy

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Dubai most expensive city in Arab world

Dubai ranks 31st in the list of most expensive cities in the world.
By TRENDS Desk
July 24, 2022 10:39 pm
  • Mercer survey is aimed at providing employers data to help them navigate compensation strategies for their mobile employees in the world.
  • Urkaine conflict, rising inflation and volatility of markets has affected the cost of living for most of the people in the world.

Mercer’s 2022 Cost of Living City Ranking reveals the most expensive cities for international employees. The survey claims to provides employers with current, extensive and reliable data to help them navigate compensation strategies for their mobile employees in the unpredictable global markets.

The survey said that amplified by the global health crisis and the conflict in Ukraine, skyrocketing inflation and currency volatility are affecting international economic balances and the cost of living for each of us.

TRENDS looks at the most and least expensive cities in the Arab world.

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